Price Hikes, Crime, and Corruption: Top Concerns for Cypriots?

The results of a study conducted by CMRC Cypronetwork Ltd on behalf of the Association of Consumers and Quality of Life in Cyprus have been published in the Republic of Cyprus. The survey revealed that Cypriots are most concerned about the rising prices of goods and services, as well as crime and corruption.

According to the survey results, the two most worrisome issues in Cyprus today are the rising prices of goods and services, as well as energy costs (84% and 72% respectively). Following closely are concerns about crime and violence (38%), corruption (32%), poverty and social inequality (30%), income reduction (18%), climate change (13%), high taxes (10%), unemployment (7%), insecurity from Russia, and the war in Ukraine (6%), and the coronavirus pandemic (3%).

Respondents were asked about the sectors where they noticed price increases. Food and essential goods ranked highest at 56%, followed by electricity at 44%, clothing and footwear at 32%, water at 31%, household items at 19%, entertainment at 13%, electrical goods at 13%, telecommunications and television at 11%, travel at 10%, education at 10%, and medications at 8%.

Additionally, 40% of respondents stated that they are "just making ends meet." However, the number of households claiming to have enough income to get by increased from 21% in 2023 to 30% in 2024. Some difficulties were experienced by 19% of those surveyed.

According to the survey data, the incomes of Cypriots remained stable over the past six months compared to 2023. This was reported by 63% of respondents. 17% saw an increase in income, 13% experienced a decrease, 4% experienced a significant decrease, and only 1% saw a significant increase.

"63% may say their incomes have remained the same, but in reality, considering the impact of inflation, there has been a decrease in income of 10-15%," said a representative of CMRC.

The survey was conducted through face-to-face and telephone interviews with households of individuals over 18 years old, consisting of 48% men and 52% women, living in both urban and rural areas.

Data collection took place from March 15 to April 10, 2024. The total sample size was 1000 households.